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MarketWatch for Thursday, December 12, 2013

If you're keeping on top of the stock markets this morning, Thursday, December 12, 2013...
If you're keeping on top of the stock markets this morning, Thursday,  December 12, 2013...

The Nikkei is down 173 points in trading in Tokyo today.
On Wall Street, the Dow slid 129 points Wednesday, in the biggest selloff in a month. Investors brace for the Federal Reserve to possibly beginning scaling back its stimulus program at next week's meeting.
And the Nasdaq fell nearly 57.


Foreclosures dropped by the most in 3 years in November.  RealtyTrac says foreclosure activity decreased 15 percent nationwide last month. States with the highest foreclosure rates were Florida, Delaware, Maryland, South Carolina, and Illinois.

The Federal Communications Commission begins debate today on lifting a decades old ban on cell phone calls on airplanes.
But a new Associated Press poll finds most travelers just want quiet in the skies. The poll finds that 48 percent of Americans oppose cellphone use in flight,  even the nation's largest flight attendant union opposes the change, saying cellphone use could lead to fights between passengers.

And higher airfares may be forcing more travelers behind the wheel this holiday season. According to TripAdvisor, 53 percent of travelers plan to drive for the holidays, that's up 5 percent from last year.  One quarter of those surveyed say they'll drive instead of fly to their destination due to the cost of airfare.


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